Regarding people living in Tornado Alley because they can't afford to live anywhere else, insurance costs are much higher there, so not exactly a bargain. And plenty of wealthy people love high risk areas. Pretty much anything by a sea is high risk. And again, they pay for it with higher insurance rates.

It's hard to get a good measure of damage caused by climate change. There are much touted statistics that say billion dollar weather events are more common than ever, but that's mainly due to things being more expensive and increased development (i.e. beach front properties)

A more objective measure, although no perfect, is deaths caused by climate events. If climate events were more catastrophic over time, you would expect deaths to go up somewhat proportionally. To my knowledge, there haven't been major advances in rescue technology in the last 50 years or so.

But we see this number has come down pretty drastically over the last 150 years. In the US it has also come down or stayed about the same

https://www.statista.com/statistics/1269715/global-reported-...

https://ourworldindata.org/grapher/fatality-rates-in-the-us-...